Google Partners with Worldline to Drive Digital Transformation in Payment Industry
In a strategic move, payment service provider Worldline has joined forces with tech giant Google to fuel its digital transformation using Google Cloud’s cloud-based technologies, as highlighted in The Fintech Times.
As part of this collaboration, Google will assist Worldline in facilitating seamless online payments for its European customers. Both companies will work together to explore market opportunities and enhance digital experiences for merchants and financial institutions.
Since 2022, Worldline has been committed to its ‘Move to Cloud’ program, leveraging cloud technology to propel itself into a global paytech company. By utilizing Google Cloud’s secure, high-performance, and low-latency infrastructure, Worldline aims to expedite this program, improve operational efficiency, reduce costs, and fortify its strategic position.
Worldline is also set to harness Google Cloud’s data analytics and AI capabilities to unlock the potential of its data, enabling the development of innovative payment products and services. Additionally, Worldline’s choice of Google Cloud aligns with its focus on Corporate Social Responsibility (CSR) and Google Cloud’s commitment to sustainability.
Expanding their partnership, Worldline will now serve as a key payment provider for Google across Europe and various other regions. The objective is to offer Google customers advanced payment options, support for additional payment networks, enhanced cross-border conversion, and an improved customer experience.
Google Cloud’s CEO, Thomas Kurian, expressed, «Our partnership with Worldline highlights the vast potential that secure and reliable cloud technology, data analytics, and AI can bring to merchants and financial institutions. By combining our strengths, we can accelerate innovation in the payment industry.»
The strategic alliance between Google and Worldline is poised to create a robust ecosystem, delivering increased value to merchants and banks while setting a faster pace for ongoing innovation. Through the amalgamation of their expertise and resources, Google and Worldline aim to enhance payment experiences for their respective customers and expedite time-to-market.
Gilles Grapinet, CEO of Worldline, shared his enthusiasm, stating, «Innovation and advanced technology are ingrained in Worldline’s DNA. To lead the way in evolving payment landscapes and not just meet but surpass customer expectations, it’s crucial to merge our paytech expertise with the technological prowess of a true industry leader.»
«We are immensely proud to expand and fortify our role as Google’s payment provider in Europe. Our deep understanding of market infrastructure, combined with Google Cloud’s technological prowess and scale, will accelerate our time-to-market and drive tangible success for our customers and markets.»